CORT Dividend Type Payments

Although CORT has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Corcept Therapeutics Incorporated to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Thu 10:55 AM ET):

Corcept Therapeutics Incorporated (CORT)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
77.30	77.46	77.46	+2.28	284K	67	7.9B

CORT Dividend-Like Income Using Covered Calls

With CORT at 77.46, here's a table showing how big the annual "dividend" (i.e. total annual call premium received) would need to be to attain 3%, 5%, and 10% annual yields. Also shown is the equivalent number of cents/day necessary to achieve each yield:

Annual Yield	Annual Premium	Cents/Day
3%	2.32	0.6
5%	3.87	1.1
10%	7.75	2.1

So now we need to find out of the money covered calls that pay at least the prescribed cents/day amount of time premium. That will generate income and, because they are out of the money, leave room for some upside potential on the stock. Here are some examples:

3% Yield On CORT Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Oct 17	77.50	3.50	30	11.7	0.04 (0.1%)
Dec 19	77.50	6.40	93	6.9	0.04 (0.1%)

5% Yield On CORT Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Oct 17	77.50	3.50	30	11.7	0.04 (0.1%)
Dec 19	77.50	6.40	93	6.9	0.04 (0.1%)

10% Yield On CORT Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Oct 17	77.50	3.50	30	11.7	0.04 (0.1%)
Dec 19	77.50	6.40	93	6.9	0.04 (0.1%)

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Top 10 Open Interest For Sep 19 Expiration				Top 5 High Yield
1.	NVDA dividend	6.	IBIT dividend	1.	QURE dividend
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3.	PCG dividend	8.	EEM dividend	3.	OPEN dividend
4.	TSLA dividend	9.	SLV dividend	4.	GRAL dividend
5.	QQQ dividend	10.	FXI dividend	5.	OMI dividend

Want more examples? CORP Dividend | COST Dividend